Pureform, Inc., manufactures a product that pass through two departments. Data for a recent month for...
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Pureform, Inc., manufactures a product that pass through two departments. Data for a recent month for department A follow: Units Materials Labor Overhead Work in process, beginning 5,000 $4,500 $1,250 $ 1,875 Units started in process 45,000 Units transferred out 42,000 Work in process, ending 8,000 Cost added during the month 52,800 21,500 32,250 The beginning work in process inventory was 80% completed as to materials and 60% completed as to processing. The ending work in process inventory was 75% completed to materials and 50% completed as to processing. Required: 1. Prepare a quantity schedule and a computation of equivalent units for the month. 2. Determine the total end unit costs for the month. Pureform, Inc., manufactures a product that pass through two departments. Data for a recent month for department A follow: Units Materials Labor Overhead Work in process, beginning 5,000 $4,500 $1,250 $ 1,875 Units started in process 45,000 Units transferred out 42,000 Work in process, ending 8,000 Cost added during the month 52,800 21,500 32,250 The beginning work in process inventory was 80% completed as to materials and 60% completed as to processing. The ending work in process inventory was 75% completed to materials and 50% completed as to processing. Required: 1. Prepare a quantity schedule and a computation of equivalent units for the month. 2. Determine the total end unit costs for the month.
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Related Book For
Managerial Accounting
ISBN: 978-0697789938
13th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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